Based on ratings from 7 stock analysts, the Axcelis Technologies Inc stock price is expected to increase by 50.35% in 12 months. This is calculated by using the average 12-month stock price forecast for Axcelis Technologies Inc. The lowest target is $100 and the highest is $125. Please note analyst price targets are not guaranteed and could be missed completely.
ACLS is a stock in Technology which has been forecasted to be worth $115 as an average. On the higher end, the forecast price is $125 USD by from and on the lower end ACLS is forecasted to be $100 by Quinn Bolton from Needham.
These are the latest 20 analyst ratings of ACLS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Charles Shi Needham | Hold | Reiterates | Nov 8, 2024 | |
Craig Ellis B. Riley Securities | Buy | $165 | Maintains | Aug 2, 2024 |
Charles Shi Needham | Hold | Reiterates | Aug 2, 2024 | |
Mark Miller Benchmark | Buy | $175 | Maintains | Aug 2, 2024 |
Mark Miller Benchmark | Buy | $180 | Maintains | Jul 15, 2024 |
Thomas Diffely DA Davidson | Buy | $175 | Maintains | Jul 15, 2024 |
Charles Shi Needham | Hold | Reiterates | Jul 12, 2024 | |
Duksan Jang B of A Securities | Neutral | $160 | Maintains | Jul 12, 2024 |
Craig Ellis B. Riley Securities | Buy | $190 | Maintains | Jul 12, 2024 |
Christian Schwab Craig-Hallum | Buy | $174 | Maintains | Jul 12, 2024 |
Duksan Jang B of A Securities | Neutral | $150 | Maintains | Jul 10, 2024 |
Craig Ellis B. Riley Securities | Buy | $175 | Maintains | Jun 20, 2024 |
Christian Schwab Craig-Hallum | Buy | $130 | Upgrade | May 3, 2024 |
DA Davidson | Buy | Maintains | May 3, 2024 | |
Craig Ellis B. Riley Securities | Buy | $155 | Maintains | May 3, 2024 |
Mark Miller Benchmark | Buy | $170 | Maintains | May 3, 2024 |
Charles Shi Needham | Hold | Reiterates | May 3, 2024 | |
Craig Ellis B. Riley Securities | Buy | $165 | Maintains | Feb 9, 2024 |
Duksan Jang B of A Securities | Neutral | Downgrade | Dec 15, 2023 | |
Mark Miller Benchmark | Buy | $215 | Reiterates | Sep 15, 2023 |
When did it IPO
2000
Staff Count
1,620
Country
United States
Sector/Industry
Technology/Semiconductor Equipment & Materials
CEO
Dr. Russell J. Low Ph.D.
Market Cap
$2.51B
In 2023, ACLS generated $1.13B in revenue, which was a increase of 22.89% from the previous year. This can be seen as a signal that ACLS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Axcelis Technologies (Nasdaq: ACLS) will showcase its Purionโข and GSD Ovationโข Series of ion implanters at SEMICON Japan 2024, highlighting its role in the semiconductor industry.
Why It Matters - Axcelis Technologies' showcase at SEMICON Japan 2024 highlights its innovation in semiconductor solutions, potentially boosting demand and investor confidence in its growth prospects.
Summary - Axcelis Technologies (Nasdaq: ACLS) will participate in the 2024 Wells Fargo TMT Summit on December 3-4, 2024, in Rancho Palos Verdes, CA, focusing on semiconductor solutions.
Why It Matters - Axcelis Technologies' participation in key investor conferences signals potential growth opportunities and increased visibility in the semiconductor sector, impacting investor sentiment and stock performance.
Summary - Investors should monitor Axcelis Technologies (ACLS) stock due to recent activity in the options market.
Why It Matters - Recent options market activity for Axcelis Technologies (ACLS) may indicate heightened investor interest or volatility, potentially signaling future stock price movements or trends.
Summary - Axcelis Technologies, Inc. (NASDAQ: ACLS) will hold its Q3 2024 earnings conference call on November 7, 2024, at 8:30 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call will provide insights into Axcelis Technologies' financial performance and strategic direction, influencing investor sentiment and stock valuation.
Summary - Axcelis Technologies reported Q3 2024 revenue of $256.6 million, an operating margin of 18.3%, and diluted earnings per share of $1.49.
Why It Matters - Axcelis Technologies' strong revenue and operating margin indicate solid performance, while a diluted EPS of $1.49 suggests profitability, potentially boosting investor confidence and stock value.
Summary - ACLS' Q3 performance is expected to improve due to strong demand for ion implantation systems, particularly in the silicon carbide market.
Why It Matters - Strong demand for ACLS' ion implantation systems, particularly in silicon carbide, suggests revenue growth and market strength, impacting stock performance positively.